お知らせ • Jun 15
Ascendant Resources Inc. Announces Discovery of New Copper-Gold Zone and Reports Additional Strong Results from Its Infill Campaign At Lagoa Salgada, Portugal
Ascendant Resources Inc. reported assay results from an additional seven holes drilled as part of the ongoing infill drill program at its Lagoa Salgada VMS Project, Portugal. Drill hole assays released continue to support resource conversion for the ongoing feasibility study at the Venda Nova deposit but have also outlined the discovery of a new Copper-Gold rich semi massive sulphide lens east of the South Zone, which was not previously included in the Mineral Resources; and confirmed the continuity of the stringer zone below the massive sulphide lens in the North Zone. Ascendant has reported 13 drill holes totaling 4,749.9 meters (6 Metallurgical holes reported in May and 7 infill holes reported today). Assays reported represent full results received as at June 5th 2021 and include three holes collared in the North Zone: LS_MS-41, LM-MS-41 A and LS_MS-45; and four in the South Zone: LS_ST_28, LS_ST_29, LS_ST_33 and LS_ST_49. Continuous intersections (apparent width along different domains) from recent assays include: Venda Nova North Zone (Apparent Width): LS_MS_41: 59.0m @ 16.76 % ZnEq1 from 161.0m (1.55% Zn, 0.37% Cu, 6.09% Pb, 1.84 g/t Au, 123.2 g/t Ag and 0.17% Sn), LS_MS_41A: 38.7m @ 3.61% ZnEq1 from 273.3m (0.74% Zn, 0.45% Cu, 0.15% Pb, 0.04 g/t Au, 13.54 g/t Ag and 0.10% Sn), LS_MS_45: 6.0m @ 3.56% ZnEq1 from 197.0m (1.20% Zn, 0.04% Cu, 0.52% Pb, 0.48 g/t Au, 23.3 g/t Ag and 0.01% Sn); Venda Nova South Zone (Apparent Width): LS_ST_28: 6.0m @ 7.36% ZnEq1 from 201.0m (0.02% Zn, 1.77% Cu, 0.02% Pb, 0.78 g/t Au, and 16 g/t Ag- No Sn Assay), LS_ST_33: 4.0m @ 3.86% ZnEq1 from 221.0m (2.34% Zn, 0.11% Cu, 0.58% Pb, 0.06 g/t Au, and 21.5 g/t Ag – No Sn Assay), LS_ST_48: 2.0m @ 3.31% ZnEq1 from 312.0m (0.08% Zn, 0.87% Cu, 0.04% Pb, 0.13 g/t Au, and 14 g/t Ag – No Sn Assay), LS_ST_29: 12.0m @ 4.04 ZnEq1 from 533.0 m (1.02% Zn, 0.66% Cu, 0.44% Pb, 0.04 g/t Au, 17.2 g/t Ag and 0.02% Sn). Drill holes collared in the South Zone refined the outline of the bulk wireframe and confirmed the continuity of the higher-grade corridors contained within the broader domain. As such the infill drill program continues to support resource conversion as expected. In addition to confirming the known mineralization, the potential to expand the resource in the South Zone beyond the current resource envelope is demonstrated by results from drill holes ST_28 and ST_29 which intercepted semi massive sulphide mineralization with high Cu and Au grades outside the current main stringer wireframe and within the hanging wall. These intercepts include 6.0m at 1.77% Cu and 0.8 g/t Au from 201m in hole ST_28 and 4m at 1.34% Cu starting at 311m in hole ST_29. This new semi massive lens is hosted by the same sedimentary exhalative rocks that overlay the stringer zone in the North Zone and is capped by the same volcanic rocks. It should also be noted that the intervals reported can be correlated with a few historic holes (e.g. LS-26 and LS-24) that show discrete intersections of grades comparable to the stringer zones in the same pyrite rich exhalative host rock. A preliminary outline of this lens has been modeled along a strike length of ~ 400 m. In light of this new discovery, the Company has slightly amended its infill drill plan by collaring holes further to the east to target this new zone as well as the existing stringer mineralization that forms the South Zone. The aim is to test the possible stratigraphic continuity of exhalative/massive sulphides and potentially show a near continuous connection to the North Zone. While still in the early stages of definition, this discovery could grow the resource in the South Zone. The three holes collared in the North Zone confirms the existing mineralized domains and support revised expectation for grades in each domain as they work towards upgrading the resources. Notably hole MS-41 intercepted 21.9m of massive sulphide from 177m (Secondary and primary, averaging 26.3% ZnEq1) and MS-41a (drilled in continuity after technical issues of the original hole) intercepted a 38.7m interval starting at 273.3m (apparent width) of continuous stringer mineralization averaging 3.61% ZnEq1, including subintervals dominated by chalcopyrite veins. Hole MS-45 collared in the southern part of the North Zone intercepted a 6m interval of stringer mineralization which the Company believes represents the southern extent of the modeled continuous massive sulphide mineralization that extends for ~500m towards the northwest. Core samples are retrieved from the core barrel by the drilling crew. Each core box is labeled with the drill hole number, the depth intervals, and an arrow indicating the downhole direction. Core samples retrieved from the barrel are immediately transferred to the core boxes and transported to the logging facilities in batches. After the logging, the core is cut in half and placed in labeled sample bags with the sample tags and transported to the sample preparation lab of ALS Lab, in Seville, Spain. Samples are dried, crushed to 70% passing 2 mm, split and finally pulverized to 85% passing 75 mm. Pulp samples are then sent to their analytical Laboratory in Galway, Ireland, for analysis. The core samples are analyzed for gold (ppm) by fire assay (Au-AA25), and for the other elements by two different ICP Multi element analysis: 1) (ME-ICPORE) - base metal ores and mill products by optical emission spectrometry using the Varian Vista inductively coupled plasma spectrometer 2) ME-MS61r: Four-acid digestion paired with ICP-MS and ICP-AES with REE analytes included. ALS Laboratories has routine quality control procedures which ensure that every batch of samples includes three sample repeats, two commercial standards and blanks. ALS Laboratories is independent from Ascendant. Ascendant used standard QA/QC procedures, when inserting reference standards and blanks, for the drilling program. No significant QAQC failure issues were identified in the reported batches.